Aid For Trade
Aid for Trade helps developing countries, particularly LDCs, to trade. These countries face a range of supply-side and trade-related infrastructure obstacles that constrain their ability to engage in international trade, and Aid for Trade helps countries overcome those obstacles. This includes a broad range of support, for example developing trade strategies, building infrastructure like roads and ports, and investing in specific sectors so countries can diversify exports. Much of EIF's work falls under the Aid for Trade umbrella.
The WTO-led Aid for Trade Initiative encourages governments and donors to recognize the role that trade can play in development. In particular, the Initiative seeks to mobilize resources to address the trade-related constraints identified by developing countries, including LDCs.
At the WTO's Sixth Session of its Ministerial Conference in Hong Kong in December 2005, the WTO launched the Aid for Trade Initiative, reaffirming its intention to support the trade capacity of LDCs. The progress of Aid for Trade towards its desired results is assessed by a joint WTO-OECD monitoring and evaluation framework, with outcomes published in the annual Aid for Trade at a Glance report.